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Restaurant For Sale • 5,677 SF
| Optional Assumable Loan With 5.75% Fixed Interest Rate With Approximate 2.6 Million Balance For Qualified Buyer |
| Absolute-Net Lease with 16 Years Remaining | Zero Landlord Responsibilities |
| Largest Franchisee of IHOP in the Country ±300 Units | High-Performing Store Sales Location | Above IHOP's National Average Unit Volume |
| Houston MSA Five-Mile Population & Average Income of 210,967 & $140,261 Respectively |
| Over 20 Years of Operational History at Location & Tenant Recently Signed a Brand New 15-Year Lease instead of Exercising a 5-Year Renewal Option |
| Excellent Access and Visibility from Interstate 45 with over 238,438 VPD and over 33,237 VPD Directly in front of Subject Property |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| George Bush Intcntl/Houston | 23 min | - | 18.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 40 |
| Type: | Surface |
| Included in Rent: | Yes |
